WAGE DETERMINATION FOR CAREER AND NONCAREER WORKERS IN THE UK - IS THERE LABOR-MARKET SEGMENTATION

This study proposes that the earnings of career employees are influenc ed by a different set of parameters from the earnings of non-career em ployees. The above proposition is tested by using a matched employer-e mployee sample within the econometric framework of a bivariate sample selection model where the career status is modelled as endogenous and is subject to choice decisions.